LifeWave Review (Updated) by David Schmidt
In this LifeWave review, we look at David Schmidt’s MLM program that sells wellness patches. Some people say they see results, but others feel it's overpriced and uncertain.
MLM
Company Name: LifeWave
Founder: David Schmidt
Price to Join: $25 to $1,599.95
Overview
LifeWave is a direct sales company that specializes in wellness products, including its flagship line of phototherapy patches.
These patches are marketed as a way to improve health and well-being by stimulating the body’s natural healing processes.
The company operates on a direct sales model, often associated with Multi-Level Marketing (MLM), where representatives earn commissions by selling these products and recruiting others to join the sales team.
Product and Sales Model
LifeWave’s product line includes various phototherapy patches and other wellness products, which are priced from affordable to premium ranges. The sales model involves:
Product Sales: Representatives sell LifeWave products directly to consumers, earning commissions on each sale.
Recruitment: Representatives are also encouraged to recruit others into the business, earning bonuses and residual income from the sales generated by their downline.
Price
Joining LifeWave as a representative requires an initial investment ranging from $25 to $1,599.95, depending on the level of involvement and the product packages selected. The higher-priced packages typically offer more products for resale and potentially higher earning potential.
Pros
Low to High Entry Options: The varying levels of entry cost make it accessible for individuals with different financial capacities.
Health and Wellness Focus: The products cater to the growing wellness market, appealing to health-conscious consumers.
Potential for High Commissions: Representatives can earn significant commissions on higher-priced products.
Cons
High Product Costs: Selling expensive wellness products can be challenging, especially in a competitive market where consumers may be skeptical of premium-priced items.
MLM Structure: The business model involves recruitment, which can be difficult and often raises concerns about the sustainability of income for new representatives.
Market Saturation: The health and wellness market is highly competitive, making it difficult to stand out and convince customers to purchase high-cost products.
Pressure to Sell and Recruit: Representatives may feel pressured to meet sales targets and recruit others, which can lead to financial and emotional stress.
What’s My Solution?
I think LifeWave teaches a decent business model in theory. However, “theories” often don’t pan out.
For example, with the MLM business model you’ll find yourself struggling with...
Competition
Recruiting friends and family
Sellling products that are cheaper at WalMart
Yeah, those are just a few of the things that gurus like David Schmidt don’t really tell you about the business.
Which I totally understand, if you knew those things... you’d probably reconsider buying from them right?
Unfortunately, they know that too... which is why they don’t say anything.
See, they’re mainly just concerned with you handing over your money (I’m talking gurus at large here) and wishing you luck.
When their system doesn’t work... it’s not their fault... or their systems... it’s your fault.
It’s something you did.
That’s the reason you’re not making full time passive income...
Ugh.
I hate that they deal with people that way. Too much psychological manipulation and once you see it... you can’t unsee it. It makes you sick.
At least it makes me sick...
See I’ve tried a lot of things throughout the years myself. But I’ve also had family members try real estate from their favorite guru, they’ve tried Amazon FBA, drop shipping, running an agency, even credit card programs.
It has never ended well.
You see, I learned that it is almost impossible to do any one of these “side hustles” full time unless you have a lot of money or have come from a rich family.
Gurus will tell you otherwise, but we all know why that is...
So in my online journey I was going to make sure that whatever it was I did was 1) viable and 2) only takes an hour or two after work to work on.
I didn’t want to get stuck in the constant hustle and burn my life away trying to chase after the guru version of the hamster wheel.
Screw that!
I want to be able to work hard, have a job (which isn’t as bad as gurus say), and have some side income.
I’m not greedy.
I’m not looking to get super rich.
Just something honest and simple.
I found that to be something called Local Lead Generation.
No ads, No crazy tech skills, and no real sales skills either.
All you do is build a little website like this:
Rank it to the top of Google like this:
And call up a guy/gal in town who can do the work.
After they’ve made some money, you just ask for a finders fee (super common in the contracting space) and boom... you’ve created a nice dependable side income.
Have I known people who do this full time with hundreds of these sites?
Sure... but they’re pretty stressed out!
People with 5-10 of these though?
Super relaxed from what I’ve experienced myself and seen from others.
And we’re after the least amount of stress possible right?
That’s what I’m thinking...
Full time secure job, 401k or IRA retirement account, and side hustle income leads to a pretty cushy life.
Gurus won’t tell you that because they want to pull on your greed strings.
I’m sick of the industry though, and just want to be straight with you.
There will be some hard work involved. Not everything will be peachy from the onset. But it will be worth while.
So, if you’d like to learn more about how this works, click the Private Invite button below...
